Energy & Environmental Law Blog

Energy & Environmental Law Blog

Analyzing the critical energy and environmental issues of the day

Tag Archives: CAISO

FERC Proposes to Reduce Information Burdens on Certain Market-Based Rate Sellers of Electricity

Posted in FERC
Forex candlestick pattern. Trading chart concept. Financial market chart. Energy and Power icons set and grunge brush stroke. Energy generation and heavy industry. 3D renderingIn a Notice of Proposed Rulemaking dated December 20, 2018, the Federal Energy Regulatory Commission is proposing to reduce the burden on certain entities that sell electricity into organized wholesale electricity markets at market-based rates. At the present time, each entity proposing to sell electricity at market-based rates in wholesale electricity markets must include two… Continue Reading

Joint Agency Symposium Discusses Role of Electricity Sector in California’s 2030 GHG Reduction Goals

Posted in California, Climate Change, Electric Power
Last week, several state agencies and the California Independent System Operator held a symposium on ways to reduce greenhouse gas (GHG) emissions from electricity generation while maintaining an affordable and reliable electricity system. This multi-agency symposium is part of a series of public forums soliciting stakeholder input on 5 key climate change strategy pillars to… Continue Reading

FERC Approves Enforcement Settlement Regarding California Bidding Practices

Posted in California, Federal, Uncategorized
From Partner Mark Perlis of our DC office: FERC today approved an enforcement settlement agreement with JP Morgan, which requires JP Morgan to pay a civil penalty of $285 million and disgorgement of unjust profits of $125 million in connection with abusive bidding practices in the California Independent System Operator (“CAISO”) Day-Ahead and Real Time… Continue Reading

FERC Approves Enforcement Settlement Regarding California Bidding Practices

Posted in California, Federal, FERC
By Mark Perlis On July 30, 2013, FERC approved an enforcement settlement agreement with JP Morgan, which requires JP Morgan to pay a civil penalty of $285 million and disgorgement of unjust profits of $125 million in connection with abusive bidding practices in CAISO Day-Ahead and Real Time markets for generating units scheduled by JP… Continue Reading